Introduction to the world of development tax allowances

Entrepreneurs often face that they do not have enough resources to implement their ideas, too many taxes shall be paid, and what is even more annoying is often they get informed only after the closure of an investment about the benefits they missed. However, there are far more opportunities for entrepreneurs than they might think in the field of taxation.

Would you like to install a recharging point? Claim corporate income tax base allowance!

As of 1 July 2017, according to the Act on Corporate Income Tax, companies could apply for a tax base allowance in case they are supporting the installment of a basic recharging point infrastructure required to use electric vehicles.

Serving the investment…

LeitnerLeitner primarily focuses on national and international tax advisory, accounting and payroll, statutory and merger audit, and financial advisory services such as M&A and DD assistance to Hungarian subsidiaries and branches of international companies. Thus we are the first to meet the intension of a business foundation or the launch of foreign companies in Hungary. Our recent experiences truly reflect a notable growth in starting or expanding business in the country. Many contact us with an interest in new investments, mergers and acquisitions; they ask us to support them in the due diligence of their targets, their accounting and tax integration and also to help maximize the tax incentives available for their business.